Nokia's Open Innovation Challenge to leverage IoT technologies enabling a smart, safe and susta

Nokia's Open Innovation Challenge to leverage IoT technologies enabling a smart, safe and sustainable world

ID: 547039

(Thomson Reuters ONE) -


* Challenge is open to innovators worldwide developing the technologies of
tomorrow in the Internet of Things (IoT) domains of smart cities, mobility,
safety and security and connected industries
* Particular attention will be given to solutions that use the power of
technology to save and improve lives


8 June 2017

Espoo, Finland - Nokia today launched its Open Innovation Challenge for the
fifth year running, focusing now on the Internet of Things (IoT) for smart
cities, mobility, safety and security, and connected industries. The challenge
is being organized in partnership with private venture firm Nokia Growth
Partners.

Nokia is shaping a new revolution in technology, where networks augment and aid
our daily lives. We create the technology that connects the world and are
looking to co-innovate with the ecosystem to invent disruptive technologies.

Co-innovation is an essential part of Nokia's ambition to bring in people with
creative ideas and smart solutions. The Nokia Open Innovation Challenge is
calling for startups and innovators who are working on the next big ideas in IoT
to improve people lives and able to demonstrate a working prototype for their
idea that:

* Improves cities by solving many urban challenges
* Improves safety with technology
* Improves how we interact and experience the world around us with virtual
reality and machine interactions
* Enables the next industrial revolution with LTE, robotics and sensors
* Improves health with digital technologies

Submissions will be accepted between June 8 and September 20, after which they
will be assessed and the top teams will be invited to a two-day concept
development workshop with Nokia experts in Helsinki in November. The final
judging and the award ceremony will be held right after the workshop.





"The industrial revolution is well on its way. Ultimately our aim at Nokia is to
create technology that connects the world, a challenge which we embrace with
nothing less than our relentless passion for innovation. But we know, that we
cannot succeed alone. Co-innovating in an open ecosystem with start-ups and
large tech companies in a healthy balance is so essential. The Nokia Open
Innovation Challenge is a fantastic opportunity for innovators and entrepreneurs
to join us as we embrace the challenge of creating technology to serve the
growing needs for the Internet of Things," said Kathrin Buvac, Chief Strategy
Officer of Nokia.

"The Nokia Open Innovation Challenge is a celebration of entrepreneurship and
innovation in IoT as well as a fantastic opportunity to partner with a large
technology corporation. We have sponsored the initiative for four years now
because we always meet interesting companies through the challenge," said Bo
Ilsoe, Partner of Nokia Growth Partners.


Resources

Nokia Open Innovation Challenge website

Short video animation


About Nokia
We create the technology to connect the world. Powered by the research and
innovation of Nokia Bell Labs, we serve communications service providers,
governments, large enterprises and consumers, with the industry's most complete,
end-to-end portfolio of products, services and licensing.

From the enabling infrastructure for 5G and the Internet of Things, to emerging
applications in virtual reality and digital health, we are shaping the future of
technology to transform the human experience. nokia.com


Media Enquiries:
Nokia
Communications
Phone: +358 10 448 4900
Email: press.services(at)nokia.com




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: NOKIA via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 08.06.2017 - 13:00 Uhr
Sprache: Deutsch
News-ID 547039
Anzahl Zeichen: 4382

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